Access Bank plans subsidiaries in 22 countries

The Group Managing Director, Access Bank, Herbert Wigwe, says the bank plans to expand to 22 countries in the next five years.
A statement from the bank said Wigwe expressed the bank’s plans for expansion in Africa as a diversified retail bank and provide cutting-edge digital payment solutions across the continent.

He stated, “We want to have subsidiaries across 22 countries over the next five years, with strategic plans to be present in the major trade corridors on the African continent. Building on our successful expansion into Kenya, we will also be making entry into Angola and Mozambique.

At the moment, Access Bank does not have a presence in the Francophone region of Africa, and we will be working to see that this is changed in the coming years. By 2023, Access Bank will have consolidated its position as Africa’s gateway to the world with about 100 million customers in Nigeria and additional 20 million customers across our African subsidiaries.”
Wigwe attributed his growth projection to the bank’s innovative payments solution.

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